The fund will cater to the capital needs of unlisted companies by providing debt funds for acquisition financing and capital expansion.
According to Deepak Agrawal, CIO of fixed income of Kotak AMC, the company will contribute 20 per cent of the total funds from its own side. "We plan to complete the fundraising within the first year and deploy the funds as soon as possible," Agrawal said.
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Esta historia es de la edición December 05, 2024 de Business Standard.
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